Production licence
67L Production licence
On granting an application for a licence, the Minister is to issue a petroleum production licence or a geothermal production licence.
A licence is to – be in an approved form; and include the following particulars:a description of the area of land comprised in the licence; the total area of that land; the minerals, or category of minerals, to which the licence relates; the terms and conditions to which it is subject; the period for which it is in force.
A licensee is to pay rent to the Crown in respect of the land to which the licence relates at a prescribed rate and in a prescribed manner.
This provision refers to the regulations (prescribed rate
, prescribed manner
). Made under this Act:
- Mineral Resources Development (Application of Act) Order (No. 2) 1999 · Regulation · under section 5(3)
- Mineral Resources Development (Application of Act) Order (No. 2) 2002 · Regulation · under section 5(3)
- Mineral Resources Development (Application of Act) Order (No. 3) 2002 · Regulation · under section 5(3)
22 more instruments made under this Act are listed on the Act’s overview.
This Act’s bill:Explanatory notesSecond reading speech
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